2A:50-21 - Bar of equity of redemption
2A:50-21.Ā Bar of equity of redemption
If a mortgagee or those holding under him shall be in possession of the realĀ estate specified in the mortgage, or any part thereof, for 20 years after aĀ default of payment by the mortgagor, the right or equity of redemption in theĀ mortgage shall be forever barred.
Ā
L.1951 (1st SS), c.344.
Ā
If a mortgagee or those holding under him shall be in possession of the realĀ estate specified in the mortgage, or any part thereof, for 20 years after aĀ default of payment by the mortgagor, the right or equity of redemption in theĀ mortgage shall be forever barred.
Ā
L.1951 (1st SS), c.344.
Ā